With a remarkable 13.79% increase, two-wheeler retail sales led the growth chart in the automotive retail sector during the 42 days festive period from first day of Navratri to 15 days post Dhanteras, according to FADA data released today. Two-wheeler retail sales increased to 33,11,325 units. This surge was primarily attributed to strong rural demand… Continue reading Auto retail sales surge 11.76% during festive season 2024
Author: Autocar_Professional India Online News
Bajaj Auto may have to invest more into financially stressed KTM
Austrian motorcycle manufacturer KTM AG seeking urgent funding upwards of 100 million euros (Rs 892 crore) and is in talks with banks and shareholders. The company is mostly owned by a holding company funded by Bajaj Auto and European businessman Stefan Pierer. The company also said it plans to carry out “even more far-reaching operational… Continue reading Bajaj Auto may have to invest more into financially stressed KTM
Bosch develops new cluster and vehicle architecture solutions for two-wheelers
Bosch recently showcased its new cluster and vehicle architecture solutions for the two-wheeler industry at the EICMA 2024 trade fair held in Milan, Italy from November 7 to 10. Providing user-friendly accessibility, staying securely connected, and yielding the benefits of digital content – these are all clear trends in the motorcycle segment. According to Bosch,… Continue reading Bosch develops new cluster and vehicle architecture solutions for two-wheelers
Dongfeng Nissan reveals N7 EV sedan at Guangzhou Auto Show
Dongfeng Nissan today unveiled the all-new N7 electric sedan at Guangzhou International Automobile Exhibition (Auto Guangzhou). The vehicle is set to go on sale in China in the first half of 2025. The N7 is the first model built on Dongfeng Nissan’s new modular architecture, designed exclusively for electrified vehicles. Developed and produced in China,… Continue reading Dongfeng Nissan reveals N7 EV sedan at Guangzhou Auto Show
Dongfeng Nissan reveals N7 EV sedan at Guangzhou Auto Show
Dongfeng Nissan today unveiled the all-new N7 electric sedan at Guangzhou International Automobile Exhibition (Auto Guangzhou). The vehicle is set to go on sale in China in the first half of 2025. The N7 is the first model built on Dongfeng Nissan’s new modular architecture, designed exclusively for electrified vehicles. Developed and produced in China,… Continue reading Dongfeng Nissan reveals N7 EV sedan at Guangzhou Auto Show
Toyota Hyryder sales cross 100,000 units, midsize SUV turns best-selling rebadged model
The Toyota Urban Cruiser Hyryder, Toyota Kirloskar Motor’s first midsize SUV launched on September 9, 2022, has become the second rebadged model in the company’s passenger vehicle portfolio to drive past cumulative 100,000 wholesales in India. At the end of October 2024, the Toyota Hyryder had chalked up a total of 107,975 units, having crossed… Continue reading Toyota Hyryder sales cross 100,000 units, midsize SUV turns best-selling rebadged model
India accelerates electric truck adoption with Rs 500 Crore PM E-DRIVE scheme
The Ministry of Heavy Industries (MHI), in partnership with the International Council on Clean Transportation (ICCT), organised a knowledge exchange session on Thursday to discuss the utilisation of Rs 500 crore allocated under the PM E-DRIVE Scheme. This initiative, which is expanding into the truck sector, aims to support India’s transition to electric trucks (e-trucks),… Continue reading India accelerates electric truck adoption with Rs 500 Crore PM E-DRIVE scheme
Tata Motors expands EV presence in Kerala, strengthening electric mobility in India
Tata Motors is increasing its electric vehicle (EV) presence in Kerala, recognizing the state as a vital market for eco-friendly transportation. With Kerala’s growing interest in sustainable mobility, Tata Motors has introduced its EV lineup to the region, aiming to align with both state and national initiatives for reducing carbon emissions. The company’s approach includes… Continue reading Tata Motors expands EV presence in Kerala, strengthening electric mobility in India
Hero MotoCorp Q2FY25 results: Profit grows 14% YoY, revenue up 11%
India’s largest two-wheeler maker Hero MotoCorp Ltd today posted a 14.2% growth in its net profit for the second quarter on a year-on-year basis. The robust profit growth reflects improvement in volume and a higher share of the 125cc segment and above models, which aided margin expansion. The automaker’s standalone net profit for the September quarter… Continue reading Hero MotoCorp Q2FY25 results: Profit grows 14% YoY, revenue up 11%
Sunil Khanduja appointed managing director of Ingersoll Rand India
Ingersoll Rand, a company known for its role in flow creation and industrial technologies, has announced a new leadership appointment to support its growth strategy in India. The company’s Board of Directors has appointed Sunil Khanduja as Managing Director of Ingersoll Rand (India) Limited for a five-year term, effective from November 12, 2024, through November… Continue reading Sunil Khanduja appointed managing director of Ingersoll Rand India